TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0109%/8h= +11.9% APRnext payment +$0.55 per $10,000 · paid last 24h +0.071%

Price spread now: BloFin against edgeX+0.132%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$510.509% of the position

Long on edgeX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.408%+$41 on $10k

Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.132%, 7d avg +0.006%

Together, before fees+0.288%+ Points / potential airdropedgeX: Active · farm board+$29 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.126% dearer against edgeX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TRUMPUSDC	2.1432	−0.0120	get 0.0060% / 4h	3h 36m	$105K	$253K	20x
Short	BloFin TRUMP-USDT	2.1460	−0.0011	pay 0.0006% / 4h	3h 36m	$4.2M	$686K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee edgeXbpFee BloFinbpOrdersPrice spread, now +0.132%Rate

Funding earned: $22.92
Price spread: +0.132% → +0.006%: $12.6
Slippage, 4 orders: −$29.86
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$15.35
Costs to cover: 0.509%
Break-even: 11.7 days

Slippage from edgeX: live order book, 61 min ago; BloFin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 61 min ago	9.34 bp	17.9 bp −$18	117.6 bp −$1,176	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	2.33 bp	8.3 bp −$8	16.4 bp −$164	34.3 bp −$3,434	122.4 bp −$61.2K

TRUMP on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective TRUMP/USDC PERP	−0.1829%	1h	2.1350	−0.381%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0615%	1h	2.1459	+0.127%	$71	$6K	5x	as long as short
Bybit TRUMPUSDT	−0.0337%	4h	2.1460	+0.132%	$30.6M	$51.8M	50x	as long as short
Variational Omni TRUMP	−0.0300%	4h	2.1441	+0.045%	$661K	$415K	—	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0262%	1h	2.1470	+0.179%	$388K	$81K	10x	as long as short
Gate TRUMP_USDT	−0.0252%	4h	2.1460	+0.132%	$7.7M	$49.6M	75x	as long as short
Binance TRUMPUSDT	−0.0251%	4h	2.1460	+0.132%	$60.9M	$247.6M	75x	as long as short
Extended TRUMP-USD	−0.0248%	1h	2.1454	+0.105%	$74K	$494K	25x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1457	+0.116%	$5	—	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0243%	4h	2.1450	+0.085%	$26.9M	$182.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TRUMP	−0.0232%	1h	2.1457	+0.118%	$938K	$990K	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0160%	8h	2.1451	+0.091%	$5K	$175	5x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0136%	1h	2.1450	+0.085%	$156K	$474K	50x	as long as short
GRVT TRUMP_USDT_Perp	−0.0122%	4h	2.1439	+0.033%	$180K	$4.3M	10x	as long as short
edgeX TRUMPUSDClong	−0.0120%	4h	2.1432	long leg	$105K	$253K	20x
Orderly PERP_TRUMP_USDC	−0.0097%	4h	2.1450	+0.085%	$5K	$296K	10x	as long as short
KuCoin TRUMPUSDTM	−0.0044%	4h	2.1450	+0.085%	$4.1M	$10.7M	50x	as long as short
dYdX TRUMP-USD	−0.0025%	1h	2.1486	+0.255%	$27K	$805	5x	as long as short
BloFin TRUMP-USDTshort	−0.0011%	4h	2.1460	+0.132%	$4.2M	$686K	75x
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1467	+0.164%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0024%	1h	2.1436	+0.020%	$19K	—	3x	as long as short
Bitget TRUMPUSDT	+0.0028%	4h	2.1460	+0.132%	$15.3M	$26.5M	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1482	+0.235%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1480	+0.223%	$407K	$719K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1467	+0.165%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1440	+0.039%	$398K	$148K	125x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1500	+0.319%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1460	+0.132%	$499K	$2.5M	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0121%	1h	2.1494	+0.290%	$1.3M	$2.3M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1469	+0.173%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0296%	1h	2.1496	+0.300%	$383K	$422K	10x	as long as short